Straight from my trusty Merchandiser contacts..
"Is China buying beans?"
"hmm.. let me check.. blah blah blah.. reports of China bean crop.. down.. informa numbers.. oh.. and here it is.. Reports of China booking 10+ boats.."
so that is off the wire.. fwiw.
btw.. done on the beanies.. as far as pricing goes. "finito."
So much for "farmer selling" pressuring beans... Emporia is back up and running.. and Catoosa is leading the pack for export coverage.. etc.. Harvest is pretty well a wrap here.. got some d/c beanies but.. nothing like last year. 250 acres vs 1200+ last year.
Not looking good for next year either... |